New-York tribune., 1887-04-25

steady per cont rate and anything lower than tina, az
commercial affairs stiit must be forestten that
business already has absorbed large amount OF money.
amountsd to e e and the importation;
q gold s4Oooooo Here e an eTrsaea r stata Ss
&60000,000. The net balances In the Unteu otates
Treasury only S. 100000 greater than year aSo %
and against this :ma 7t a6e o Saps 1
year ago. Hence the business Of the country mas
absorbed ss2OOOOoo Of legal money Against TINS
Of 900 but bank notes, not being legal
only partially perform the functions OF money Inc
York exccpt-at Chicago where Now-York funds are s
rated at cents discount to par Lhe %n
strong and particularly so for long bills, money
sr % SS rss being Bank y Of husaaa Rs
gold than ago and fe per cent
against Al per cent when its rate for ais
count cent instead of pig per cent as 1t now Is
Ts win Se sax oy ress Sa
reporting considerable losses In god but ast week ~
reported gain OF $4,000 francs
In general business the period when there Is the usual
sackenng at points Of original distribution has arrived
and consequently less activity Is noticeable But rom
tnuo be Of large and satisfactory business stocks
generally are Hight and prices are firm Inc Price snd
that without materially checking the export demand
xhSh for Sst week ,Sa will
of last year. ruled steady all the week with
exports for the week aggregate 46l56 bales. against
522s bales for tho corresponding week Of $50 making
sss sSGGss ss sfPs%ssa the
ceding There Is talk OF dulness In the IRON
that furnaces and mills before April had practically
sold their capacities for production I'D to 0tsooer active
nor a dull one Upon The whole prices ruled nrm and
generally establish small advances but there was
sS d ia one form and another to make
Interstate Commerce act disturbing ,ae,1r sor m Of
seran Sa to use q the In
which they prominent directors for the purpose OF
Of inyestis alton over the New-York and New-England
Railroad developed such discouragne characterscs 70
few Of It's directors as to move them on their return 20
publicly express themselves in deprecatoy tones OF the
roads condition and the prospects of its business ms
such novel exhibition In railway management that
WAS without effect in OF least checking grow
ing inclination to purchase securities The effect on tue
rentes-of the arrest Of French officer the Prussan
frontier also had chilling effect upon our market
In that it suggested the possibility OF war s be-
tween tho two countries: Against these adverse
Influences there the faith possessed by holders
Of securities backed by continued remarkable exhibits of
periods when there free offerings OF short stock
that any depression accomplished. Two calls each
OF per cent upon the Reading stock pay
able June and July we're seized upon as reason Tor
selling that stock down per cen-it had advanced o
per cent beforehand there was an attempt TO use TINS
also for effect upon the whole market AS every one
knew that the reorganization scheme OF the Reading IN
cuded 20 per upon Its stock and there
fore the fact Of its being called was only question OF
date calls furnished for the decline IN the
price of the stock But the fact that for foryeg hours
previous there had been considerable distribution or
stock among the bOardrOOm traders did furnish the o
poituuity for the speculative of the calls. which
was made The stock recovered that 1t closed only
q per lower than week hit he true that the
speculative directors OF the NewYork and NewEngland
Railroad Company have sold their stock. and there is
little question that this Is true and that II was true some
little time before the trip OF investigation was taken.
there mystery about where the stock has lodged
because the of tho market clearly Indicate
that 1t has not been scattered among the ordinary a
at the Stock Exchange. That stock with all Its
pounding and damaging reports closes only 2s per
lower than week ago. The transactions in stocks
for the week amounted 10 2.002,451 shares against
900 shares for the preceding week and the market
closed dull and strong.
Government bonds have ruled strong and higher. In
State bonds the feature OF the dealings has been activity
aud advances OF 10 per cent in the Arkansas 7s issued
the railroads and Louisiana conso 4s have been weak
With a decline OF per cent. The market for railway
bonds has been fairly active with well distributed bust
and has been strong in prices, which were little or
all influenced by the fluctuations OF the share mar
This department OF the Stock Exchange as well as
the offices of large dealers growing faster and seems
10 possess stability than the share market
Subjoined usual table giving the highest lowest
and final prices and number OF shares sold for tho week.
together with the final prices OF week of ffyive
active representative stocks pexed by the prices OF
April "a, 1856: